Loading fund overlap…
16 of 119 unique stocks in common · Jaccard: 13.4%
A weighted portfolio overlap of 20.29% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹20.29 is allocated to the exact same companies at the same relative proportions. The schemes share 16 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 5.41% in ICICI Prudential Large Cap Fund and 3.61% in Kotak Manufacture In India Fund. Holding both schemes increases your concentration in Reliance Industries rather than expanding your diversification.
If the overlap is above 30%, it is typically because both schemes benchmark to the same index (e.g. Nifty 50 or Nifty LargeMidcap 250) or overlap in their top large-cap picks. To improve your portfolio's diversification, consider allocating one of these tranches to a category with lower structural correlation (such as a mid-cap, small-cap, or international equity fund).
| Stock | in ICICI | in Kotak |
|---|---|---|
| Reliance IndustriesPetroleum Products | 5.41% | 3.61% |
| Maruti Suzuki IndiaAutomobiles | 3.55% | 3.11% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.65% | 4.59% |
| Mahindra & MahindraAutomobiles | 2.34% | 4.16% |
| Ultratech CementCement & Cement Products | 2.69% | 1.78% |
| Hero MotoCorpAutomobiles | 1.59% | 2.86% |
| Britannia IndustriesFood Products | 0.91% | 1.71% |
| Cummins IndiaIndustrial Products | 0.91% | 2.95% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.68% | 0.83% |
| Eicher MotorsAutomobiles | 0.62% | 1.96% |
| Bharat Petroleum CorporationPetroleum Products | 0.60% | 2.17% |
| TVS Motor CompanyAutomobiles | 0.49% | 3.06% |
| Tata SteelFerrous Metals | 0.43% | 4.40% |
| ABB IndiaElectrical Equipment | 0.36% | 1.32% |
| LupinPharmaceuticals & Biotechnology | 0.19% | 1.03% |
| Indian Oil CorporationPetroleum Products | 0.02% | 1.28% |
Weighted overlap = Σ min(weight in fund A, weight in fund B) across shared stocks, from each fund's latest public monthly portfolio (as on May 2026). Equity holdings only, ISIN-verified. Not investment advice.